Monzo Business: Managing your tax

Dealing with tax can feel complicated, but we have features to help you keep things organised and running smoothly.

How to Add Your Tax Reference Number (TRN):

  1. Tap your profile icon on your business account Home screen.

  2. Select Settings.

  3. Tap Tax residency and TIN.

  4. Add your tax information here.

How to Create a Tax Pot: (This feature is available with the Business Pro or Team plans)

  1. Tap the Home icon.

  2. Scroll down to Pots.

  3. Tap Create a Tax Pot.

You can have up to three Tax Pots per account, and you have the flexibility to add or withdraw money from them at any time.

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